Interesting movement seen with PUFFI on Solana today. The 24-hour buy volume is around $11,300, while the sell volume is about $8,700 – a positive sign of buying pressure.
The market capitalization is currently around $10,100, but liquidity seems to be quite thin at the moment. With these numbers, caution is advised, as low liquidity often leads to higher volatility.
Anyone looking at these Pump.fun tokens on Solana should definitely keep the risks in mind. The volume indicates some interest, but without solid liquidity things can get rough quickly.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
17 Likes
Reward
17
5
Repost
Share
Comment
0/400
SorryRugPulled
· 18h ago
Liquidity is too weak.
View OriginalReply0
Web3ExplorerLin
· 12-06 16:43
Solana volume moves up
Reply0
VirtualRichDream
· 12-06 16:32
Another project that’s just harvesting retail investors.
Interesting movement seen with PUFFI on Solana today. The 24-hour buy volume is around $11,300, while the sell volume is about $8,700 – a positive sign of buying pressure.
The market capitalization is currently around $10,100, but liquidity seems to be quite thin at the moment. With these numbers, caution is advised, as low liquidity often leads to higher volatility.
Anyone looking at these Pump.fun tokens on Solana should definitely keep the risks in mind. The volume indicates some interest, but without solid liquidity things can get rough quickly.